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Hans Royal

Hans Royal. Originator of the Compute Heat Rate (CHR) framework. Quantifying how AI demand reprices electricity markets. Senior Director, Schneider Electric. Views are my own.

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Latest posts

The Price of Flexibility

How the Compute Heat Rate (CHR) Quantifies the True Cost of Flexibility

Clean Energy’s AI Moment Is Live!

And here’s how you can help!

Wait... How is Kimi K3 (“Software” ) Already Sold Out??

The Day “Software” Became a Physical Commodity

PJM Price Cap Hit Again! CHR Explains Why

... and Some Other Observations

CHR in a PJM Heat Wave

The largest grid in America just ran the first record-load test of AI data center price tolerance.

The "Token Price War"

And Why Token Price is Actually the Wrong Number for Electricity Markets

Why Behind The Meter Data Centers Won’t Save Us

How the Compute Heat Rate shows up behind the meter and in gas markets over time

Fable 5 Just Dropped. And yes, the CHR went up again.

In April, OpenAI doubled frontier per-token pricing. Yesterday, Anthropic did the same. Here is what two doublings in seven weeks do to the Compute Heat Rate.

Do Data Centers Increase Or Decrease Your Electric Bill?

As this debate rages, the Compute Heat Rate can tell you what happens next.

The $420 Billion Compute Heat Rate Merger

What would you pay to own the grid hub where electricity is about to become the most valuable commodity in the world?

Demand-Side Data Center Dispatch Revolution

PJM just told us data centers are the demand response the grid needs. But only if we let prices go high enough to activate it.

Lake Tahoe and the Price You Can't Compete With

A utility just told 49,000 people that their electricity is being redirected to data centers. The story is bigger than anyone is reporting.